Exchange-Traded Products: Doesn T and Koll

exchange-traded products: The plan, which would temporarily allow the BOJ to lend ETFs to market participants, was a meaningless gesture, Koll said in a phone interview, according to The Japan Times. What money managers really need is detail on how the central bank intends to eventually wind down its ETF holdings, he said. ; It's a giant yawn, said Koll, who has also been critical of the BOJ's ETF program in the past. That's the view of Jesper Koll, Japan-based senior adviser with Wisdom Tree Investments Inc., a provider of exchange-traded products. It doesn't give me a new tool, it doesn't solve any problems or answer any questions. Initially announced in one sentence on the last page of its April 25 statement on monetary policy, the purpose of the proposed plan to temporarily lend ETFs to market participants left many traders puzzled, while others speculated if the facility could allay liquidity concerns. The BOJ declined to comment. (news.financializer.com). As reported in the news.